Texas Natural Resources Code
§ 102.082 — AUTOMATIC DISSOLUTION
NR § 102.082Title 3. OIL AND GAS · Part C. POOLING AND COOPERATIVE AGREEMENTS · Ch. 102. POOLING · Art. D. DISSOLUTION OF UNIT
Statute text
View on sourceA unit is automatically dissolved:
(1)two years after its effective date if no production or drilling operations have been had on the unit or surface location for the unit;
(2)six months after the completion of a dry hole on the unit; or
(3)six months after cessation of production from the unit. Acts 1977, 65th Leg., p. 2574, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by:
Legislative history
Acts 2019, 86th Leg., R.S., Ch. 57 (H.B. 3226), Sec. 1, eff. September 1, 2019.